Euro-Zone and German Data Suggest Robust Economy

Updated Aug. 29, 2007 11:59 p.m. ET

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Solid German business confidence and euro-zone money-supply growth suggest the zone's economy remains robust, though credit-market turmoil could deepen an expected slowdown. Germany's Ifo business-climate index fell in August, but the decline to 105.8 from 106.4 in July was smaller than expected and the index remained at a level consistent with strong growth. The survey showed a jump in assessments of current business conditions, while expectations for future business...